Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Concrete Pumping Holdings, Inc. (NASDAQ:BBCP) by 3.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,698,941 shares of the company’s stock after buying an additional 56,048 shares during the quarter. Dimensional Fund Advisors LP owned 3.21% of Concrete Pumping worth $11,315,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Barclays PLC boosted its holdings in shares of Concrete Pumping by 82.6% in the third quarter. Barclays PLC now owns 51,560 shares of the company’s stock valued at $299,000 after acquiring an additional 23,329 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Concrete Pumping by 128.5% in the third quarter. JPMorgan Chase & Co. now owns 73,831 shares of the company’s stock valued at $427,000 after buying an additional 41,524 shares in the last quarter. SG Americas Securities LLC acquired a new position in Concrete Pumping during the fourth quarter worth $81,000. Jennison Associates LLC boosted its holdings in Concrete Pumping by 10.8% during the fourth quarter. Jennison Associates LLC now owns 1,722,754 shares of the company’s stock worth $11,474,000 after buying an additional 167,262 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of Concrete Pumping by 1.9% in the 4th quarter. Empowered Funds LLC now owns 310,132 shares of the company’s stock worth $2,065,000 after acquiring an additional 5,750 shares during the period. Hedge funds and other institutional investors own 34.20% of the company’s stock.

Concrete Pumping Price Performance

Shares of NASDAQ BBCP opened at $6.84 on Friday. Concrete Pumping Holdings, Inc. has a 1-year low of $4.78 and a 1-year high of $9.68. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.99 and a quick ratio of 1.89. The firm has a market capitalization of $362.87 million, a PE ratio of 26.31 and a beta of 1.12. The business’s fifty day moving average price is $5.83 and its two-hundred day moving average price is $6.53.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Robert W. Baird reduced their price objective on Concrete Pumping from $7.00 to $6.50 and set a “neutral” rating on the stock in a research report on Wednesday, March 12th. DA Davidson dropped their target price on Concrete Pumping from $9.50 to $9.00 and set a “buy” rating on the stock in a research report on Wednesday, March 12th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $7.44.

Insider Transactions at Concrete Pumping

In other Concrete Pumping news, CEO Bruce F. Young bought 49,507 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $5.19 per share, with a total value of $256,941.33. Following the completion of the purchase, the chief executive officer now directly owns 1,722,622 shares in the company, valued at approximately $8,940,408.18. This trade represents a 2.96 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Company insiders own 26.60% of the company’s stock.

Concrete Pumping Company Profile

Concrete Pumping Holdings, Inc provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Capital Pumping brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand.